Long S&P 500
Updated
Accumulation has been completed - last squeeze of the shorts above 2600, to drop smart sellers off the board. Once it is completed, prepare for the distribution and drive down to the 2480-2520 area.
Long from 2585, stop 2578 PT 2612. Appr. profit/loss 4:1
Long from 2585, stop 2578 PT 2612. Appr. profit/loss 4:1
Note
We've reached the target area as expected, harvesting nice profits. No sell yet, but looking for a distribution to start soon (or violent move up further to collect as many stops as possible)
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